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MSNBC: 'Gas Prices Down 47 Percent Since April and May'

By Noel Sheppard | June 27, 2012 | 17:31

A  A
Noel Sheppard's picture

Have your gas prices dropped in half in the past couple of months?

Well, the geniuses over at MSNBC believe they have, for in the middle of a segment about fuel costs on the Martin Bashir show Wednesday, a chyron boldly stated, "Gas Prices Down 47% Since April and May" (video follows with transcribed highlights and commentary):


As the segment began, Bashir said, "If you're one of the millions planning to take to the great American road this summer, you're in luck: the price of gas continues to fall."

A graph was shown depicting gas prices dropping from a national average of $3.92 per gallon in early April to today's $3.38:

A bit later in the segment, the following chyron appeared as Bashir spoke with his guests:

Actually, given the prices supplied, this represents a 14 percent drop since April.

For those thinking someone entered the percent sign rather than cents, prices have dropped 54 cents.

So, no matter how you slice it, this was just plain wrong.

But that's par for the course for this joke of a so-called "news network."

To receive my articles hot off the presses follow me on Twitter ow.ly/btalc and Facebook ow.ly/btald.

— Noel Sheppard (@NoelSheppard) June 9, 2012

About the Author

Noel Sheppard is the Associate Editor of NewsBusters. Click here to follow Noel Sheppard on Twitter.
  • 2012 Presidential
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Comments

gas prices going down? nope.

Submitted by sometimesright on Wed, 06/27/2012 - 5:38pm.

gas prices going down? nope. just dropped almost a hundred bucks into my tank to fill it just like i did 2 weeks ago. BShir has reached a new level of garbage reporting.

"Politics is supposed to be the second-oldest profession. I have come to realize that it bears a very close resemblance to the first." Ronald Reagan
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Did you compensate for evaporation?

Submitted by Someone Said on Wed, 06/27/2012 - 5:47pm.

Actually gas prices have dropped.

14%.

Bingo!
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Well, then, that isn't 47%, is it?

Submitted by UpNorth on Wed, 06/27/2012 - 7:40pm.

Actually, around here, gas has gone down about .41 cents/gal. But, it's early, and the Holiday weekends are right around the corner. And, of course, there's always the EPA and their "seasonal blends".

To re-elect Obama would be like the Titanic backing up and hitting the iceberg again.
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I may be an English major

Submitted by Dragoon on Thu, 06/28/2012 - 11:26am.

but even I could tell that a 40 - 60 cent drop does not equal 47% unless gas is around a $1.

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They must have confused the

Submitted by HelloDare on Wed, 06/27/2012 - 5:52pm.

They must have confused the drop in gas prices with Bashir's drop in ratings.

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They must be using the math they learned in government school

Submitted by Dave. on Wed, 06/27/2012 - 5:54pm.

I'm throwing down the Bacon Sandwich card on this one.

Now would someone please get this lying fraud of a propagandist the Hell out of my America?

-Dave

Vote for the American in November

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Dave, we renamed the Bacon Sammich

Submitted by Blonde on Wed, 06/27/2012 - 8:20pm.

It's now called a Beckel of Bob.

Handy Reference Guide to Obama's Gaffes and Goofs ~ Currently Numbering 200 (and Counting)

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No worries the price will pop up, soon.Just in time for November

Submitted by upcountrywater on Wed, 06/27/2012 - 6:01pm.

One year graph.

You Didn't Build That.

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Maybe

Submitted by grammajane on Wed, 06/27/2012 - 6:28pm.

if the gas prices have gone down to half, you could fill up your camel and drift off into the sunset. Didn't your mommy ever tell you not to lie??

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BBC

Submitted by sngnsgt on Wed, 06/27/2012 - 7:08pm.

Go back to BBC and take you accent with you. You're a waste of time. Look at your ratings. The only way I know what you said is that I read it here. I'd never watch your pathetic show, you sicken me.

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Martin BASHWHORE...

Submitted by bigdaddy on Wed, 06/27/2012 - 7:28pm.

...You have confused 47% as the percentage of people in this country who pay nothing in Income Taxes with your weak screed on the effect of Saudi Arabia releasing more oil into the market to reward Baracko for his fine work in Egypt and Syria in the last year...

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Just the facts, Bashir

Submitted by CO2Maker on Wed, 06/27/2012 - 7:32pm.

Here are several relevant websites:

http://energyalmanac.ca.gov/gasoline/margins/index.php

http://www.consumerenergyreport.com/2012/03/21/what-makes-up-the-cost-of...

http://www.eia.gov/tools/faqs/faq.cfm?id=22&t=6

http://auto.howstuffworks.com/fuel-efficiency/fuel-consumption/gas-price...

http://www.khanacademy.org/new-and-noteworthy/v/breakdown-of-gas-prices

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So, Here's What's Going to Happen

Submitted by HardRightTurn on Wed, 06/27/2012 - 7:42pm.

Obama will take the credit for something he wouldn't take the blame for. It's Bush's fault gas prices went up, but Obama's glorious leadership is the reason prices are going down. Leftists make me so sick I could just spit.

To more fully comprehend the Left, one must read “Leftism As Psychopathy” by John Ray, M.A., Ph.D. Caution, it might scare you a little bit.
http://jonjayray.tripod.com/psycho.html

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It's just big oil being nice

Submitted by Don L on Wed, 06/27/2012 - 7:59pm.

Gosh, gas down? I won't succumb to the possibility that Obama and his Saudi buddies have floated extra supply in order to get him re-elected, nor will I assume the other more obvious cause, that Obama has destroyed the economy and thus the non-market for anything took the prices down.

What I will do however is remind all those leftists who screamed that evil 'Big Oil' caused the prices to rise, therefore "altruistic big oil' must have kindly, and with compassion, allowed gas prices to go down.

You can't have it both ways lefties - if they control it, as you insist, then bow down in your deepest apologetic pose (watch how your dear leader does it) and do a dozen rapid-fire mea culpas

Such games the left plays.

Don L
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Ahhhh, everybody here is NOT

Submitted by killa37 on Wed, 06/27/2012 - 8:14pm.

Ahhhh, everybody here is NOT approaching this from the point of view that it was presented!!! If gas was $4.00/gal in April, and now it's $3.50/gal............then somewhere between then and now it was around $3.75/gal, which is around a 47% drop - as mathematically equated between the $4/gal, and the $3.50/gal!!! And that sounds a HELLUVA lot better than 14%, plus it's provable - given the way it was reported!!!

You've got to understand the kind of people trying to sell us this hogwash................

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Or

Submitted by stratman on Wed, 06/27/2012 - 8:20pm.

Maybe it is the difference between the highest cost per gallon wherever in the US versus what it cost the day Prezzy, The Imposter was immaculated.

Or it could be the difference between what a gallon of gas in the US versus a gallon in Europe.

The problem is you may never know the truth with or from the Left. Given the fact that the recent protestors of Karl Rove didn't even know who Rove is, astroturfing aside, the Left may not know what is truth to begin with.

Any new KORE videos forthcoming??

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Yeah, strat, who knows what

Submitted by killa37 on Wed, 06/27/2012 - 9:17pm.

Yeah, strat, who knows what the 'formula' was on this...........and the Basher - aside from being one of the dumbest AND most opinionated interloper 'news casters' (any relation to a 'plaster caster'???) in the StateRun Media - is also probably the ugliest, and that's against some competition!!!

Maybe it's down 47% from what the environmental whackos THINK it should be!!! Regarless - it's still $4.78/gal over here on my little island in Asia - I can't even remember when it was under $4 - maybe about the time of the last election. And I AM talkin' about 'regular' gas, too.

I saw a couple cameras the other day when we were playin', but I don't keep up with that - I've never seen a KORE video anyway. But we WERE rippin' it up the other day, I have to say. Some great stuff was laid down...........and we even had some autistic kids singin' along, and one really 'damaged' kid in a wheelchair was totally animated - which is a heartening sight - his mother even waved his had to us when they had to leave..............'say bye-bye to the musicians'!!!

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KORE Krew On The You Tubes

Submitted by stratman on Wed, 06/27/2012 - 10:46pm.

This is KORE. Beautiful. 

You guys even have a Promo video!

New one to me - Theme From Endless Summer. Nice touch with the sax.

Tasty Hawaiian themed guitar.  For some reason I thought of Jorma Kaukonen jamming with y'all on the beach.

Interesting choice of song.  Fearless.  Nice harmonica and a little yodeling. 

Mayor of Kauai presents certificate of recognition to KORE.  Now I know what KORE stands for.  Even better than the mayor - Hula dancing.

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Wow, strat - mahalo and

Submitted by killa37 on Wed, 06/27/2012 - 11:11pm.

Wow, strat - mahalo and thanks a lot!!! I've never seen any of that!!! The sound quality isn't very good, but it doesn't matter.
You can see the scene we have there - right on the beach, next to the river, with the ocean and mountains in the background.

Ahhhhhhh.........I don't think we gave any thought to the 'Cripple Creek' title - that was just a few days after Levon Helm had died, and we were just trying to jam some kind of tribute to him - I knew the songs, but not too many words, but my friend Pancho knew most of them. Plus, we did 'The Weight', which came out very well.

Did you see that kid in the wheelchair?? He's in really bad shape, but he loves the music. And the other day, when we were doing Wilson Pickett's ''99 1/2", he was movin' and groovin'!!!

Pancho always plays in an 'open' tuning. Alan - the guy next to me who is usually wearing a black shirt - stays down on the fingerboard in 'Spanish' tuning - he's very good and a great singer too. The other guy, Tony, is sort of a jazz guitarist, so he does a lot of background stuff. So that leaves me to fill the middle - and the other guys (except Pancho) will NOT touch a capo (they can't figure out the equation when we are jamming!!!), so I often play with a capo, just to get another sound out there. The sax player - Chuck - knows a bunch of standards, and then we make him jam with whatever we're doing. The harp player is a KORE participant, but since we put him in 'the band', he just likes to blow - which pisses his wife off!!!

I wonder if there's any video from last week - I thought we did some pretty good stuff..........for a bunch of has-been beach posers!!!

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Great links guys*

Submitted by cajun2 on Wed, 06/27/2012 - 11:28pm.

Ok Killa...divorce papers in the shredder...;-)

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Good, I need something to

Submitted by killa37 on Wed, 06/27/2012 - 11:39pm.

Good, I need something to help keep me warm while I'm layin' in this cold metal waste basket!!!

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Yo Batshiite

Submitted by stratman on Wed, 06/27/2012 - 8:16pm.

Put down the bath salts before you start eating Commie O'Donnell's face.

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Basher's face allready looks

Submitted by killa37 on Wed, 06/27/2012 - 9:26pm.

Basher's face allready looks like it was on the recieving end of a bad 'bath-salt trip', and then on the recieveing end of a bad 'face reconstruction surgury' job!!!

Can you imagine - back in the pshychedelic hey-day of the 60's, talkin' about a 'bad bath-salt trip'????? jeeeeeeeeeeeeeezzz!!!

'Wow, brah............I took some pharmecutial Owsley bath-salts yesterday'.

'Heavy, brother..................how was your trip??'

'Wow, it was................like...............like..................trippy!!! I mean, I was trippin'!!! Really out there!!'

'Trippy, brother.................what did you do?'

'Well, brah...........I was, like...........like.............eatin' some guys face!!! It was heavy!!!'

'Wow, brother - you were out there, huh?? I mean - you were that spaced out??'

'Totally spaced, brah...................soooooooooooo out there!!! I mean - I was flashin' that I was eatin' some guys face!!'

'Heavy, man'..................

'Yeah........heavy......................I'm glad it was just a bad bath-salt trip. It coulda been real'.........................

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Owlsley

Submitted by stratman on Wed, 06/27/2012 - 11:08pm.

Superb historical spot on reference, Killa. Dude made a lot of LSD - legally - back in the Sixties. You hear he died in a MVA but it probably happened when he turned around to tell the people in the back seat he could catch his hand.

People have reported seeing faces melt or grotesquely distorted while on LSD. Doesn't sound like a recreational druggie mind expanding fun experience at all. But your recreation of two hippies talking sounds real. :-)

How does one take bath salts? I'm assuming it's not by taking a bath. Weirder still, the first guy to try it. What the hell was he thinking? Smoking banana peels didn't work, injecting peanut butter was a waste of a sandwich, hmm, what about these bath salts? Bizarre.

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Well, I remember my OWN face

Submitted by killa37 on Wed, 06/27/2012 - 11:15pm.

Well, I remember my OWN face melting!!! But not anyone else's!!! Or was it my brain???

God - who knows about the bath salts?? If it started in some gay bath-houses, I wouldn't doubt anything anyway!!! Maybe Boy Baraka has tried bath salts!!! He's sure as hell eatin' OUR faces, and lunches!!!!

Injecting peanut butter?? Jeez, strat - we need to talk!!! You have issues....................

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Melting Face?

Submitted by stratman on Thu, 06/28/2012 - 2:40am.

It's lucky you don't need to speak with DrSam! 8-)

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Hell, strat!!! I'm one of Dr.

Submitted by killa37 on Thu, 06/28/2012 - 3:15am.

Hell, strat!!! I'm one of Dr. Sam's protoges!!!! I can even compete with 'da Vet'..............who is a 'veteran of 1000 psychic wars', or sumpin' like that!! I've taken the time and the effort to 'know' myself, so I'm not insecure about 'who I am'!!!

And you DID notice that - even though I may have watched my own face, and psyche, 'melt'................I was even a self-reliant, independant, live-and-let-live guy back then......................I didn't try to get anybody else to cover for me, or take care of me, or make excuses for me, or give any alibis or excuses or explanations!!! And that has carried out, over the years, to where I'm just an extension of what I have learned along the way. And this is one reason why I can deal with these moronic libs and poser-ass 'progressives'......................most of them live in some kind of 'theoretical' world, filled with 'nuance' and 'minaueta' and self-serving alibis. I come from REAL experience - I've done things that most of these people wouldn't even think of!!! So when I'm having a 'conversation' with these lightweights, it's pretty easy to toy with them...........because when push comes to shove, they are quite easy to shove!!! Hahahahahahaha!!!

But mostly, I still adhere to the 'live-and-let-live' theory that my Mother always told me..............just stay the hell out of my way!!!!

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Killa

Submitted by stratman on Thu, 06/28/2012 - 3:42am.

Are you sure you didn't mean DrSam's ground zero patient? JUST KIDDING!

Seriously, you turned out pretty good. (We need a Thumbs Up emoticon) I'm happy to know you.

Speaking of Owsley, did you catch the dilated eyes in the smiley face of my last post?

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MSNBC

Submitted by Poovey on Wed, 06/27/2012 - 8:40pm.

Of coarse you have NBC which is News for Barack's Campaign and MSNBC which is More Stories and News for Barack's Campaign.

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According to Eugene Levy, the

Submitted by CommieJuice on Wed, 06/27/2012 - 9:09pm.

According to Eugene Levy, the gas prices should be at $2.12 after averaging around $4.00 a gallon. Has anyone in the country seen gas under $3.00 in the last few years? That would be a 26% drop to get under $3.00 a gallon. Who needs facts when watching MSDNC anyway?

Apparently, Martin, is sniffing the gas and drinking the commie juice before his show. If Martin has any friends, I bet they wouldn't trust their kids with him. He is creepy in a Jerry Sandusky way.

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what is this little, gay

Submitted by IrvTheLiquidator on Wed, 06/27/2012 - 11:56pm.

what is this little, gay hadji talking about?

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Progressive Math

Submitted by James Youngblood on Wed, 06/27/2012 - 11:58pm.

For a Democrat President, You take the real drop of 14% and multiply it by over 3 times. For a Republican President, you don't mention that there has even been any drop in gas prices.


J. Youngblood
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Glad he's not doing my taxes

Submitted by journoprof on Thu, 06/28/2012 - 12:57am.

With math like that, I'm glad Martin Bashir isn't doing my taxes...I'd be in hock to the IRS for the rest of my life! He was a lousy journalist when he was on Nightline...now that he has his own show on the pretend news network, he's gone downhill to being absolutely pathetic.

Media ethics shouldn't be the oxymoron it seems to be.
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MSNBC's audience...

Submitted by Jimi Streets on Thu, 06/28/2012 - 1:44am.

...is also Obama's base. They don't care about accuracy. They know who there audience is - The very same people that believe everything Obama says. So they purposely distort and lie without fear of losing audience. The Democrat base will believe anything negative reported about conservatives. This contributes to the general arrogance that pervades the MSM - "These dolts will believe everything I say!"
Knowing their ratings will always stink, they consider themselves to be on a mission to defeat evil.
You know, 180 degrees from reality.

Its not paranoia if they're really out to get you...
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I wonder

Submitted by Shreve on Thu, 06/28/2012 - 4:09am.

if those who bashed Obama for it going up are praising him now that it is going down. Probably not.

It wasn't his fault it went up. Nor was it Bush's.

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Gas is still almost double

Submitted by cocodrie on Thu, 06/28/2012 - 7:51am.

Gas is still almost double what it was when President Bush left office.

Thanks to Present Obama kissing the King's ring and butt the Saudis are exporting more oil. What will it take for you to get your head out of Obama's?

 

Jesus Loves You so much He died for you

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Nothing in the last 3 years and 5 months was

Submitted by UpNorth on Sat, 06/30/2012 - 12:11am.

Bush's fault, Shreve. He wasn't the President. I know that's a fact that you intentionally overlook, but, there it is.

To re-elect Obama would be like the Titanic backing up and hitting the iceberg again.
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Typical

Submitted by Jimbo on Sat, 06/30/2012 - 12:25am.

Gotta love how things happening almost 4 years later are still Bush's fault, yet 9/11 had nothing to do with Clinton. Classic progressive double standard.

If you spent $1 million a day since Jesus was born, you would have not yet spent the entire stimulus package.
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Delete

Submitted by ThatDude on Thu, 06/28/2012 - 7:31am.

Delete

The answer to 1984 is 1776.
  • Login to post comments

"New Math" Another gift of

Submitted by RR GOP on Fri, 06/29/2012 - 8:12pm.

"New Math"

Another gift of Progressivism.

"Under Capitalism, man exploits man.  Under Communism it's just the opposite."

"All that Communism needs to make it successful is for someone to feed and clothe it."

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